Microsoft stock (MSFT) is poised to make a bullish move despite trading sideways in recent months. The stock has shown a 13% increase this year, outperforming the S&P 500’s 12% gain. Microsoft’s market cap surpassed Apple’s at $3 trillion in January, solidifying its position as the largest publicly traded company. With a focus on artificial … Read more
Cisco Systems, a network hardware giant, exceeded analyst expectations in its quarterly report, but still saw its stock decline. The revenue fell by 13% year over year, even with the help of the acquisition of Splunk, and profits also decreased by a similar amount. The company has been focusing on increasing recurring revenue and reducing … Read more
Nvidia is set to release its first-quarter fiscal 2025 results on Wednesday, May 22, after the market closes. Portfolio manager David Wagner from Aptus Capital Advisors anticipates that Nvidia will have a strong performance, but believes that the excitement surrounding the report may not necessarily translate to a significant increase in the company’s share price. … Read more
Stocks are experiencing a slowdown due to declining revenue caused by an inventory correction. This has led to a decrease in stock values as companies adjust their inventory levels. The overall market has been impacted by this trend, with investors becoming more cautious about the future performance of these stocks. This adjustment is seen as … Read more
Cisco Systems (NASDAQ:CSCO) recently released its quarterly report, exceeding analyst expectations but still facing a drop in revenue and profits. Despite 54% of its revenue coming from subscription services, Cisco struggled due to customers being overloaded with products yet to be installed, leading to decreased orders in previous quarters. However, there is hope as product … Read more
Nvidia (NASDAQ: NVDA) is set to release its fiscal first-quarter 2025 earnings report after the close of trading on Wednesday. Investors are eagerly anticipating the results, as they are optimistic about the company’s performance in the AI chip sector. Nvidia has established itself as a key player in the AI chip market, with its products … Read more
Key drivers for the markets this week include Nvidia’s latest quarterly results, UK inflation data, and central bank speakers providing guidance on potential rate cuts. European stock futures are down, and the dollar index is weak ahead of these events. Nvidia’s results are highly anticipated, with the market rallying in anticipation of its earnings report. … Read more
In 2024, Hewlett Packard Enterprise’s stock is forecasted to have a consensus rating of “Hold” based on 10 analyst ratings. The consensus target price for the stock is $17.91, with a high forecast of $20.00 and a low forecast of $14.00. MarketBeat calculates analyst consensus ratings for stocks by normalizing each analyst rating to a … Read more
NVIDIA (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) saw significant increases in their stock prices this week, buoyed by positive product news from OpenAI and Google. NVIDIA remains a leader in AI training, while Broadcom has made strides in AI inference, particularly through their collaboration with Google on TPUs like the new Trillium model. NVIDIA’s stock … Read more
Nvidia’s upcoming earnings report has traders on high alert for a potential significant change in the company’s stock price. Options markets in the US are indicating an expected 8.7% swing in Nvidia shares, which could equate to a market capitalization fluctuation of $200 billion. Despite this, the anticipated volatility is smaller than previous quarters, with … Read more